Tenet has agreed a licencing deal with Prestwood Truth to offer its cash flow modelling tool to members.
Prestwood’s cashflow modelling software is designed to calculate financial projections for clients.
Tenet distribution and development manager Tom Hegarty says: “There is now a wealth of software systems available for advisers to use but we view cashflow modelling as an important area.
“Prestwood is a leading supplier in this space and we are pleased to be offering its proposition and ongoing user support to our members.”
Prestwood managing director Ritchie Walton says: “Experience has shown that advisers who use life-long cash flow forecasting are likely to become more profitable more quickly.”